Excellent!! regular investment over a long investment horizon is the way to go
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Point to note:
- Asset Class: You have a very long investment horizon so should seriously consider investing in Equity fund(s).
- Wrapper: Investing via Junior ISA will be tax beneficial as your child can have all the gains tax free when he/she reaches 18. The annual allowance is ÂŁ9,000 for this year.
- Keep your fees low - Do it for me or Do it yourself ?: There are ready-made portfolios available in the market as you mentioned/shared above. I have not seen all in details but the platform fee charged by some of them are in excess of 1%+ whereas which you can reduce it to 0.25% by investing your self with platform providers such as AJ bell. I am a big advocate of learning how to invest and do it yourself as you will save a lot in middleman fees and their longterm impact is quite high. See if you can spend a few hours and do it your self?. Suggest you see videos 2&4 in the Financial Education: Investment TIPS for Absolute Beginners
Summary:
A simple DIY solution could be as follows (This is not a recommendation and you should do your due diligence)
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Know when you need your savings and want to see how much you need to save regularly?. In the gross annual interest rate field, you can assume a 5-6% growth for equity. You can come to this link say annually to see if you have to adjust monthly payments to reach to your goal.
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Open a junior ISA @ AJ Bell (They offer the most shariah-compliant funds that I am aware)
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Select a fund of your choice. you may find this thread useful. Personally, I would keep it very simple and similar to what redroseassurance are doing as shared by @Investor i.e. investing in the popular HSBC Islamic Global Equity Index “BD” fund. Considering a long term horizon, maybe allocating 10% to iShares MSCI EM Islamic UCITS ETF.
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Setup regular investing as a direct debit with the platform.
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Sit back and have loads of fun with the little one

One last point…remember “It’s not about timing the market but its time in the market”: Stay calm and don’t do anything with the volatility in the market (even if it crashes in near future, it will more than likely be a winner in the end). Equity is volatile in nature but outperforms all the other asset classes in long run. Loving your long horizon ![]()
Don’t hesitate to ask if you have any questions.
Good luck!
Jazakallah
Zeeshan